The Chinese are doing this all over the world, but especially in the Third World and developing world, where the leaders are greedy for the moolah the Chinese are willong to lend them — if only they’ll offer their best ports or industries or resources as collateral. Predictably the improvident Third Worlders default and the wiley Chinese have themselves another little piece of the puzzle.
The Chinese own several countries through debt trapping, including Ethiopia. In world bodies they can require these countries to support China’s positions. I think the current investigation by the UN Human Rights Commission into US race issues is driven by China to humiliate the USA. China can count on support from countries it has debt trapped.
Future strategic ChiCom PLAN (Navy) port.